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UMC announces investment in China firm

Chau-Chin Chang, Taipei; Jessie Shen, DIGITIMES Asia Wednesday 22 June 2016 0

Pure-play foundry United Microelectronics (UMC) plans to invest up to US$50 million in China-based Wise Road Capital through a wholly-owned subsidiary Sino Paragon, according to a company filing with the Taiwan Stock Exchange (TSE).

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